Reverse mortgage lender Generation Mortgage announced Thursday it has hired the Department of Housing and Urban Development’s Colin Cushman, known as one of the inventors of the Home Equity Conversion Mortgage Saver product, to lead the company in risk and strategy. Cushman bring more than five years as a Federal Housing Administration risk management official, [...]

Generation Mortgage has expanded into the Midwest region. The launch of a new office, located in Madison, Wisconsin, will expand the lender’s presence from its Atlanta-based headquarters and additional branches nationwide. “Our Wisconsin office will help to solidify Generation Mortgage’s status as a national market leader in the reverse mortgage industry, supporting our top-five lender [...]

Generation Mortgage announced today the addition of former Financial Freedom manager Steve Resch to its wholesale reverse mortgage team. Resch will support Generation’s wholesale arm as an account executive. Resch brings 30 years of experience including 10 years in the reverse mortgage industry, Wall Street banking analysis and work in other financial services capacities. In [...]

Reverse mortgage lender Generation Mortgage Company has filled its Chief Financial Officer position, previously held by Steve McClellan. Carl Rojas, formerly serving as a consultant for Generation and then as Corporate Comptroller, now holds the position of company CFO and is planning to grow the business in 2012.

Generation Mortgage has announced that it’s moving away from its proprietary lending system to the use of Mortgage Cadence’s enterprise lending platform, Orchestrator, Finale Document Services, and the Mortgage Cadence Opus imaging solution. “Making the transition from our own technology to working with Mortgage Cadence will allow us to focus on our business processes and [...]

Generation Mortgage is expanding, with the recent opening of a new New York office. The company announced today that is has opened a West Babylon, New York office that will serve the market throughout the state. Generation says the expansion will help retail outreach in the nation’s third most populous state. Led by Ed O’Connor, [...]